European Parliament Library

Risk Management and Corporate Governance, Organisation for Economic Co-operation and Development

Label
Risk Management and Corporate Governance, Organisation for Economic Co-operation and Development
Language
eng
Abstract
This sixth peer review of the OECD Principles of Corporate Governance analyses the corporate governance framework and practices relating to corporate risk management, in the private sector and in state-owned enterprises. The review covers 26 jurisdictions and is based on a general survey of all participating jurisdictions in December 2012, as well as an in-depth review of corporate risk management in Norway, Singapore and Switzerland. The report finds that while risk-taking is a fundamental driving force in business and entrepreneurship, the cost of risk management failures is often underestimated, both externally and internally, including the cost in terms of management time needed to rectify the situation. The reports thus concludes that corporate governance should ensure that risks are understood, managed, and, when appropriate, communicated
Bibliography note
Includes bibliographical references at the end of each chapters
resource.governmentPublication
international or intergovernmental publication
Literary Form
non fiction
Main title
Risk Management and Corporate Governance
Medium
electronic resource
Nature of contents
dictionaries
Responsibility statement
Organisation for Economic Co-operation and Development
Series statement
Corporate Governance,, 20776535
Table Of Contents
Executive summary -- Risk management governance framework and practices in 27 jurisdictions -- Foreword -- Switzerland: The corporate governance framework and practices relating to risk management -- Financial Stability Board: Sound risk governance practices -- Singapore: The corporate governance framework and practices relating to risk management -- Norway: The corporate governance framework and practices relating to risk management
Classification

Incoming Resources